France has reported 77 cases of crypto-related kidnappings and extortion in the first half of 2026, a significant increase from 45 cases in all of 2025, according to Interior Minister Laurent Nuñez. The country, known for its high incidence of 'wrench attacks,' has seen authorities implement a rapid alert system, resulting in 200 arrests.
Nuñez announced a three-part plan to bolster security in the crypto sector, focusing on improved intelligence sharing, collaboration with ADAN, and enhanced coordination within the security sector. CertiK highlighted France's vulnerability due to its concentration of crypto companies and executives, a culture of wealth display, and data leaks.
France Reports 77 Crypto Kidnappings in First Half of 2026, Plans Enhanced Security
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
